BigBear.ai (NYSE:BBAI) Trading Down 4.9% – Here’s Why

BigBear.ai Holdings, Inc. (NYSE:BBAI)’s stock price dropped 4.9% during trading on Friday . The stock traded as low as $5.69 and last traded at $5.7350. Approximately 40,841,764 shares were traded during mid-day trading, a decline of 58% from the average daily volume of 96,179,203 shares. The stock had previously closed at $6.03.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the stock. HC Wainwright restated a “buy” rating and issued a $8.00 price objective on shares of BigBear.ai in a research report on Tuesday, November 11th. Wall Street Zen raised BigBear.ai from a “strong sell” rating to a “hold” rating in a research report on Saturday, November 15th. Weiss Ratings reiterated a “sell (d-)” rating on shares of BigBear.ai in a report on Wednesday, October 8th. Finally, Cantor Fitzgerald reissued an “overweight” rating and set a $7.00 target price on shares of BigBear.ai in a research note on Tuesday, November 11th. Two equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, BigBear.ai presently has a consensus rating of “Hold” and a consensus price target of $6.33.

BigBear.ai Stock Performance

The stock has a fifty day moving average of $6.30 and a 200-day moving average of $6.26. The firm has a market capitalization of $2.50 billion, a P/E ratio of -4.04 and a beta of 3.44. The company has a quick ratio of 3.13, a current ratio of 3.13 and a debt-to-equity ratio of 0.18.

BigBear.ai (NYSE:BBAI) last issued its quarterly earnings results on Monday, November 10th. The company reported ($0.07) earnings per share for the quarter, missing the consensus estimate of ($0.06) by ($0.01). BigBear.ai had a negative return on equity of 26.11% and a negative net margin of 274.70%.The business had revenue of $33.14 million for the quarter, compared to the consensus estimate of $31.82 million. During the same period in the prior year, the business earned ($0.05) earnings per share. BigBear.ai’s revenue was down 20.1% compared to the same quarter last year. On average, research analysts anticipate that BigBear.ai Holdings, Inc. will post -0.28 EPS for the current year.

Insider Buying and Selling at BigBear.ai

In other BigBear.ai news, CFO Sean Raymond Ricker sold 5,000 shares of BigBear.ai stock in a transaction on Thursday, December 4th. The shares were sold at an average price of $7.06, for a total transaction of $35,300.00. Following the completion of the transaction, the chief financial officer directly owned 488,716 shares of the company’s stock, valued at $3,450,334.96. The trade was a 1.01% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Dorothy D. Hayes sold 22,000 shares of the firm’s stock in a transaction dated Tuesday, November 18th. The stock was sold at an average price of $6.08, for a total transaction of $133,760.00. Following the sale, the director owned 236,150 shares of the company’s stock, valued at approximately $1,435,792. This represents a 8.52% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 0.54% of the company’s stock.

Institutional Trading of BigBear.ai

Hedge funds have recently added to or reduced their stakes in the company. Goldman Sachs Group Inc. lifted its stake in BigBear.ai by 569.0% during the first quarter. Goldman Sachs Group Inc. now owns 2,340,713 shares of the company’s stock worth $6,694,000 after purchasing an additional 1,990,822 shares during the last quarter. Baird Financial Group Inc. bought a new position in BigBear.ai in the first quarter valued at about $286,000. Wedbush Securities Inc. acquired a new position in BigBear.ai during the second quarter worth about $1,669,000. Swiss National Bank lifted its holdings in shares of BigBear.ai by 51.1% in the second quarter. Swiss National Bank now owns 552,100 shares of the company’s stock worth $3,749,000 after acquiring an additional 186,600 shares during the last quarter. Finally, XTX Topco Ltd boosted its stake in shares of BigBear.ai by 980.7% in the 2nd quarter. XTX Topco Ltd now owns 368,938 shares of the company’s stock valued at $2,505,000 after purchasing an additional 334,799 shares in the last quarter. 7.55% of the stock is owned by institutional investors and hedge funds.

About BigBear.ai

BigBear.ai is a provider of artificial intelligence (AI) and data analytics solutions designed to deliver actionable insights for public sector and commercial clients. Headquartered in Columbia, Maryland, the company specializes in advanced analytics, machine learning, predictive modeling and network analysis to support decision-making in complex, data-rich environments. Its clientele spans defense and intelligence agencies, civil government organizations and enterprise businesses seeking to enhance mission outcomes and operational efficiency.

The company’s flagship offerings include an AI-driven analytics platform that integrates data engineering, algorithm development and visualization tools.